07-16-2014, 04:56 PM
I was recently introduced to Solar Capital but cannot figure out how this company/stock is structured.
There seems to be the company with a 7.3% yeild (SLRC) a senior debt entity (SLRA) that's returning 8%+, and then SUNS, also senior capital (not debt) with a 7.8% yield?
Anyone seen a structure like this? Is this a dividend growth stock? What's going on and does anyone have this in their portfolio?
There seems to be the company with a 7.3% yeild (SLRC) a senior debt entity (SLRA) that's returning 8%+, and then SUNS, also senior capital (not debt) with a 7.8% yield?
Anyone seen a structure like this? Is this a dividend growth stock? What's going on and does anyone have this in their portfolio?